No. The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. Account Titte Debit Credit 101 Cash $18,000 126 Supplies 13,800 128 Prepaid insurance 2,000 167 Equipment 23,000 168 Accumulated depreciation-Equipment $ 6,500 307 Connon stock 3,078 318 Retained earnings 42,600 319 Dividends 6,000 404 Services revenue 45,900 612 Depreciation expense-Equipment 2,000 622 Salaries expense 26,760 637 Insurance expense 1,928 640 Rent expense 3,075 652 Supplies expense 1.515 Totals $98,078 $98,078 1. Prepare the December 31, closing entries for Cruz Company. Assume the account number for Income Summary is 901. 2. Prepare the December 31, post-closing trial balance for Cruz Company. Note: The Retained Earnings account balance was $42,600 on December 31 of the prior year. Complete this questions by entering your answers in the tabs below. Required 1 Required 2 Prepare the December 31, closing entries for Cruz. Company. Assume the account number for Income Summary is 901. View transaction lit Required 1 Required 2 Prepare the December 31, closing entries for Cruz Company. Assume the account number for Income Summary is 901. View transaction list Journal entry worksheet 1 2 3 4 > Record the entry to close revenue accounts. Note: Enter debits before credits Date General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal View transaction list Journal entry worksheet 5 ats Record the entry to close expense accounts. eBook Note: Enter debits before credits Hint Date General Journal Debit Credit Dec 31 Print References Record entry Clear entry View general Journal 9 View transaction list Journal entry worksheet 6.25 points View transaction list 6.25 points Journal entry worksheet Record the entry to close the dividends account. Book Note: Enter debits before credits Hint Date General Journal Debit Credit Dec 31 Print o References Record entry Clear entry View general Journal Required 2 > Complete this questions by entering your answers in the tabs below. 6.25 points Required 1 Required 2 Prepare the December 31, post-closing trial balance for Cruz Company. Note: The Retained Earnings account balance was $42,600 on December 31 of the prior year. eBook CRUZ COMPANY Post-Closing Trial Balance December 31 Dobit Hint Credit Print References Totais